A rotation from growth to value could lead the end of the bull run: Strategist
Craig Basinger, chief market strategist at Purpose Investments, joins BNN Bloomberg to talk about how unprofitable tech is starting to bleed into mega caps. Basinger notes that it could be a sign of change in market leadership, a common factor at the end of a bull market. Despite rising concerns about markets moving into bearish territory, Basinger notes the end of a bull run never happens overnight. He advises investors to move from mega tech into smaller names, while also building a more balanced portfolio.